Health One Podiatry P.A.
Health One Podiatry P.A. is a business in Philadelphia, PA, in the offices of podiatrists industry (NAICS 621391). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $510,000, approved on January 22, 2025, by Wilmington Savings Fund Society FSB, and the loan reports 6 jobs.
SBA 7(a) loan, change of ownership, approved Jan 22, 2025
$510,000 approvedLender: Wilmington Savings Fund Society FSB299 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $510,000
- SBA-guaranteed amount
- $382,500 (75% of the approval)
- Lender
- Wilmington Savings Fund Society FSB, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 24 years, 11 months (299 months)
- Estimated maturity
- December 22, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $4,460 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 621391, Offices of Podiatrists
- Project location
- Philadelphia County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Podiatrists: $953,675.
- Average acquisition loan in Pennsylvania: $1,636,965.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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